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Flyer overviewing university benefits available for staff

Summary plan description for the Defined Contribution Plan which includes provisions of the Employee Retirement Investment Plan (for employees hired or rehired after 10/1/19) is available on the SPDs webpage.

Form to designate irrevocable employee contributions to the university’s 403(b) irrevocable retirement plan.

Summary plan description for the Hybrid Plan which includes provisions of the Retirement, Disability, and Death Benefit Plan (level two) and the Employee Retirement Investment Plan. Available on the SPDs webpage.

Summary plan description for the Defined Benefit (DB) Plan with includes provisions of the Retirement, Disability, and Death Benefit Plan (level one). Available on the SPDs webpage.

Summary plan descriptions for the voluntary retirement plans: 403(b), 457(b), and 401(a) Plans at the ¾ÅÉ«ÊÓƵ. Available on the SPDs webpage.

Active employee Beneficiary Designation Form to be used for beneficiary designations for Basic Life, Supplemental Life, Accidental Death and Dismemberment, and pre-retirement death benefit under the DB Plan and Hybrid Plan.

Employees who have terminated from the ¾ÅÉ«ÊÓƵ and have not taken their vested benefit under the DB Plan or Hybrid Plan, may designate beneficiaries for their benefit in the event of their passing prior to the commencement of benefits.

Summary plan description for parties involved in a marriage dissolution to gain a better understanding of how pension benefits under the Retirement, Disability, and Death Plan may be divided in a divorce proceeding. Available on the SPDs webpage.

Proof of relationship requirements to confirm the individual or individuals to be covered are eligible under the specific definitions of the plans.

Form to designate irrevocable employee contributions to the university’s 401(a) Supplemental Retirement Plan.

Use these instructions to complete your Notice of Intent to Retire in MyHR and officially announce your plans to retire from the university under the DB Plan or Hybrid Plan. Make sure to allow time for your eNOI to reach the UM System Office of Human Resources at least 60 days prior to your retirement date.

Your HR Generalist will contact you after you submit the form to schedule a meeting to discuss and finalize your retirement plans. If you need assistance completing the eNOI, contact your HR Generalist. 

This guide is available to employees who have announced their intention to retire under the defined benefit components of the DB Plan or Hybrid Plan, explaining next steps.

Provides a high-level overview of the Voluntary Retirement Plan options for both benefit-eligible and non-benefit eligible faculty and staff.

This document provides a high-level overview of the Defined Benefit (DB) Plan, one of the core retirement plan options.